John Lewis staff bonus hits lowest level for 67 years

The partnership, which includes Waitrose, says profits fell to £123mJohn Lewis and Waitrose staff are to receive a bonus of only 2%, their lowest payout in 67 years after the company reported a 23% fall in profits.The John Lewis Partnership, which is owned by its staff through a trust, said profits fell to £123m in the year to 25 January, its third consecutive drop in annual profits. Continue reading...